RealtyBI, also known as Realty Business Intelligence, is run by Delhi-based Realty Business Intelligence Pvt Ltd. It provides assessment, monitoring and analytics services for real estate sector on subscription basis. The firm was founded by former PropEquity CEO Rajeev Nohwar. Nohwar has been involved in the home loan & construction finance space with Bank of America, ICICI Bank and YES Bank. In the past he also worked with private realtor K. Raheja Group.

The company has been working with banks, HFCs & NBFCs across the country to provide a unified collateral risk assessment platform.

For Housing, this is its second buy this year after acquiring discussion forum IREF (India Real Estate Forum) for Rs 2 crore.

Online real estate space is also beginning to see a consolidation drive. Recently, PropTiger bought one of the legacy players in online property listing Makaan.com for an undisclosed amount soon after it lapped up digital design startup Out of Box Interaction (OoBI).